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RSIR obtained the press release concerning Kennedy Wilson’s upcoming auction on September 19th of 34 condominiums – the press release can be found here (PRESS RELEASE). RSIR agents can certainly expand on this exciting opportunity – call 206.448.5752 for more information or REGISTER now to be kept apprised of details.
Survey Result Cites Improving Consumer Confidence and Threat of Rising Interest Rates
"Offering further validation that the in-city housing market is improving, Realogics Sotheby’s International Realty reports a significant increase in pending sales activity at each of their condominium communities and numerous resale listings around Seattle. More than $25 million in transactions were mutually accepted at the brokerage during April – the strongest demonstration of buyer demand in two years, according to Sam Cunningham, the Broker and Partner in Realogics Sotheby’s International Realty."
Out-of-state buyers are helping to prop up the downtown condo market.
SEATTLE METROPOLITAN MAGAZINE
By Matthew Halverson
"Dean Jones, the president of local real estate marketing firm Realogics, credits the cruise lines for introducing domestic domicile hunters to the area and quality condo design for convincing them to buy. Stroupe can name a handful of Taiwanese and Korean clients who snatched up units for their children who are attending UW. And Mac McQuade, a representative for Olive 8, says he’s been specifically targeting out-of-state buyers with recent marketing campaigns. "We actively seek an audience of relocation agents, so people from California or the East Coast or even abroad are aware of us."
URBNLIVN
By Matt Goyer
"Buyers noted that average discount offered at recent Seattle-area auctions range from 25-30% off previous list prices – the bulk sales approach offers up to 35% off."
URBAN ASHLEY
By Ashley Hayes
"About 60 buyer groups registered this weekend in response to impromptu ads and recent media attention."